850 NE 90 St
850 NE 90 St
850 NE 90 St
Property Summary
Zoning:
RU-4A
Gross Income:
$109,800
NOI:
$79,507
CAP Rate:
5.5%
Description
Apex Capital Realty is proud to exclusively present for sale this unique multifamily property. Located in the exceptional Miami Shores area, this updated 5-unit building contains a spacious mix of 2 (2BR/2BA) and 3 (1BR/1BA) apartments with ample parking for tenants and
guests.
High demand for quality rentals in this area has kept rent prices rising and will continue to do so for the foreseeable future. Middle income multifamily properties in great neighborhoods, such as this property have proven strong performance and resilience in down markets.
Located close to the bay, retail, shopping, entertainment, parks, and walking paths. All units are rented and providing steady cash flow with gross rental income of over $109,000 per year
guests.
High demand for quality rentals in this area has kept rent prices rising and will continue to do so for the foreseeable future. Middle income multifamily properties in great neighborhoods, such as this property have proven strong performance and resilience in down markets.
Located close to the bay, retail, shopping, entertainment, parks, and walking paths. All units are rented and providing steady cash flow with gross rental income of over $109,000 per year
Lot & Building Size Breakdown:
Building SF:
5,30 SF
Lot Size:
11,025 SF
Property Highlights
2 (2BR/2BA) and 3 ( 1BR/1BA)
100% Occupancy
40-year recertification completed
Ample Private Parking
Close to parks, dining, waterfront
Details
Property size: 5,130 SF
Property Status:
Sold
Property Type: Multifamily
Land Area: 11,025 SF
Address
City: Miami
Neighborhood: Miami Shores
State/country: Florida
Documents
Property Brochure 
Listing Agents
We’re here for you
Send us a message through our form and someone from our team will get in touch with you shortly.
Our contacts
APEX Capital Realty
561 NE 79 ST Suite 420 Miami, FL 33138
(305) 570-2600
info@apexcapitalrealty.com
Press inquiries contact:
info@apexcapitalrealty.com
